What will be Union Budget 2025 like? Modi says India's all-round development is the focus

Before the budget session commenced in the Indian parliament, Prime Minister Narendra Modi said that his government’s third term would focus on “India’s self-round development”. The prime minister addressed the media outside the parliament on Friday. A day before the Budget 2025 is tabled, Finance Minister Nirmala Sitharaman will present the economic survey 2024-2025.

“In the third term, we will focus on India’s all-round development. We are moving ahead on mission mode…Innovation, inclusion and investment form the base of our economic activity. In this session of Parliament, many historic bills and amendments will be discussed,” PM Modi told the media present outside the parliament. “After due and detailed discussions, these will be formed into laws. Especially Nari Shakti and women’s empowerment will be the centre of focus. Reform, perform, and transform will be our second area of focus,” he added.

Speaking at the start of the Budget Session of Parliament. https://t.co/IC4Sk4Ppub

— Narendra Modi (@narendramodi) January 31, 2025

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Prime Minister asked for the support from all the Members of Parliament to help the country move towards “Vikshit Bharat”. He insisted that the new budget would give a golden opportunity for young parliamentarians to contribute to India’s future. “In this budget session, all MPs will contribute to strengthening Viksit Bharat, especially the young MPs, since it is a golden opportunity for them,” he said. “They will be witness to the Viksit Bharat… I hope that we will stand up to the hopes and expectations of people,” the young prime minister furthered.

PM takes jabs at the Opposition

While addressing the media, the prime minister also took jabs at the opposition leaders. He said that, since 2014, there has been no foreign interference when it comes to formulating the budget. “You must have noticed, since 2014, this is the first Parliament session, which saw no ‘videshi chingari’ (foreign interference) in our affairs, in which no foreign forces tried to ignite a fire,” the prime minister remarked.

Catch the live updates on the Economic Survey 2025.

“I had noticed this before every budget session. And many in our country leave no stone unturned to fan these sparks,” he added. Prime Minister emphasised how the budget would benefit young Indian citizens. “Ours is a young nation, and today 20-25-year-olds will be the greatest beneficiaries of Viksit Bharat by the time they are 50 years old. They will be at the helm of policymaking… The efforts to fulfil our vision of Viksit Bharat will be a huge gift for our young generation,” he said.

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PM Modi also insisted that he will pray that Maa Lakshmi continues to bless the poor and middle class of the country. “I pray that Maa Lakshmi continues to bless the poor and middle class of our country. It is a matter of great pride that India completed 75 years as a democratic nation. India has established itself well on the global pedestal,” he said.

“This is the first complete budget of my third term. I can confidently say that in 2047, when India will complete 100 years of Independence, India will fulfil its aim of Viksit Bharat, and this budget will give new energy and hope to the nation,” PM Modi furthered.  On Saturday, the Finance Minister will present the 2025 Union Budget laying out the vision for India in the next year.